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Command And Control Systems Market 2024 - By Growth Rate, Sales, Production, Consumption Manufacturers, Shares And Outlook By 2033

03-06-2024 10:25 AM CET | Aerospace & Defense

Press release from: The Business research company

Command And Control Systems Market

Command And Control Systems Market

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Command And Control Systems Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The command and control systems market size has grown strongly in recent years. It will grow from $37.16 billion in 2023 to $39.98 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to military modernization, threat landscape evolution, cybersecurity concerns, disaster management requirements, border security and surveillance, counterterrorism initiatives.

The command and control systems market size is expected to see strong growth in the next few years. It will grow to $52.5 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to integration of artificial intelligence (AI), network-centric warfare, space-based systems integration, multi-domain operations, strategic shifts in global alliances. Major trends in the forecast period include technological advancements in communication, integration of artificial intelligence (AI) and machine learning (ML), cybersecurity enhancement, interoperability and integration, cloud-based solutions.

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Market Segmentation:
The command and control systems market covered in this report is segmented -
1) By Installation Type: Fixed Command Centers, Deployable Command Centers
2) By Solution: Software, Services
3) By Platform: Land, Maritime, Airborne, Space
4) By Application: Government And Defense, Homeland Security and Cyber Protection, Commercial

Major Driver - Global Surge In Military Budgets Fuels Growth In Command-And-Control Systems Market
Increasing military budgets worldwide is expected to propel the growth of the command-and-control systems market going forward. A military budget is an amount of money allocated by a government for military-related expenses, including salaries, training, equipment, research, development, and operational costs, to ensure the readiness and effectiveness of the armed forces in the defense of the country. A defense budget includes the size of that entity's economy, other financial pressures on that entity, and the government's or people's willingness to pay for such military activities, as a result, it helps the entity's capacity to support military activity and that support command-and-control systems market. For instance, in April 2022, according to a report published by Stockholm International Peace Research Institute (SIPRI), a Sweden-based organization that provides information on international peace and security, in 2021, total worldwide military spending increased by 0.7% in real terms to $2113 billion. Furthermore, China, the world's second-largest spender allocated $293 billion to its military in 2021, up 4.7% from 2020. Therefore, increasing military budgets worldwide is driving the growth of the command-and-control systems market.

Competitive Landscape:
Major companies operating in the command and control systems market report are Siemens, General Electric Company, Raytheon Technologies Corporation, Boeing Company, Lockheed Martin Corporation, International Business Machines Corporation, Cisco Systems Inc., General Dynamics Corporation, Schneider Electric SE, Northrop Grumman, Honeywell International Inc., BAE Systems, NEC Corporation, Thales Group, ASELSAN Elektronik Sanayi ve Ticaret A.Ş., L3Harris Technologies Inc., Leonardo SpA, Motorola Solutions Inc., CACI International Inc., Sopra Steria Group, Rheinmetall AG, Collins Aerospace, Saab AB, Indra Sistemas S.A., Kongsberg Gruppen, LIG Nex1 Co. Ltd., Elbit Systems Ltd., The RAND Corporation, Systematic A/S, PT Prima Teknologi Intermedia, Hitachi Ltd., Huawei Technologies Co. Ltd., Advantech Co. Ltd., Johnson Controls International plc

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https://www.thebusinessresearchcompany.com/report/command-and-control-systems-global-market-report

Top Trend - Revolutionizing Military Operations Innovative C4 Platforms Drive Command And Control Systems Market Growth
Major companies operating in the command and control systems market are focusing on innovative solutions such as command, control, communications, and computing platforms to better meet the needs of their existing consumers. An integrated system that integrates several technologies to give complete capability for military or organizational command and control activities is referred to as a Command, Control, Communications, and Computing (C4) platform. For instance, in September 2022, Anduril Industries, Inc., a US-based company that manufactures autonomous systems, launched Menace. Menace is a first-of-its-kind comprehensive, expeditionary, secure command, control, communications, and computing (C4) platform that enables warfighters to swiftly plan and execute operations in geographically scattered and harsh environments. Menace is expeditionary, scalable, and developed to meet the specific requirements of the US Air Force and the Agile Combat Employment (ACE) concept of operations, as well as the US Marine Corps and the Expeditionary Advanced Base Operations (EABO) doctrine. Menace is a multi-mission capability, allowing warfighters to plan and execute tasks such as local control and command of deployed forces, base security, and defense, cUAS, and upkeep and logistics from forward deployed positions.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Command And Control Systems Market Characteristics
3. Command And Control Systems Market Trends And Strategies
4. Command And Control Systems Market - Macro Economic Scenario
5. Command And Control Systems Market Size And Growth
…..
27. Command And Control Systems Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.

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